Analysts predict that cement producers' profitability will rise by 18-22% sequentially in the March quarter, as they benefit from rising volume and falling input costs despite stable prices.
Estimates predict....
As part of their debt servicing strategy, the Adani family paid off $2.15 billion in margin-based share-backed financing at the end of March.
In addition, the promoters prepaid a $500....
GreenLine Logistics, a company of the Essar Group, announced on Friday that it has deployed Dalmia Cement (Bharat) Ltd's first fleet of LNG trucks at its Chandrapur plant in....
Adani Cement in India, a member of the troubled Adani Group of companies, announced on Monday that operations at two plants in Himachal Pradesh for are ACC and Ambuja....
The Amravati bank of the National Company Law Tribunal (NCLT) has approved a bid by Sagar Cements to acquire Andhra Cements for Rs 9.22 billion; the Jaypee Group cement....
UltraTech Cement has announced the completion of its cement and grinding units in Hirmi, Chhattisgarh and Cuttack, Odisha.
The Hirmi plant has a brownfield cement capacity of 1.30 mtpa, while....
Dalmia's acquisition of Jaiprakash Associates Limited's cement, clinker and energy facilities Cement has received approval from the Competition Commission of India (CCI) for an amount of 56,660 million deal (JAL).
The....
Ultratech cement, a major cement producer, stated that its 1.5 MTPA brownfield cement grinding plant in Jharsuguda, Odisha, has been commissioned.
According to the company, this is part of the....
JK Lakshmi Cement, one of India's leading cement manufacturers, signed an agreement with Amplus Solar to set up a 56 MWp solar power plant for its Durg facility, located....
Converge, a leading concrete materials and operations optimization company, and Dewalt, a leader in total job site solutions, announced a strategic partnership to help decarbonize construction through Converge's revolutionary....